Recession: Is the US heading into an ‘ugly’ downturn?
With stocks tanking and grocery bills high, many Americans feel like the economy is in a recession. …
The Fed has said it won’t hesitate to keep interest rates high, for as long as it takes to drive down inflation. With the US central bank preparing to show it won’t flinch in its resolve to lower prices, the process is unlikely to be smooth. If it raises rates by too much, the economy could plunge into recession. Raise them by too little and inflation continues to soar.
About The Author
